340 Union Rd, Balwyn is a 5 bedroom, 3 bathroom House with 4 parking spaces and was built in 2015. The property has a land size of 386m2 and floor size of 243m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
A luxurious affair of classical grandeur and contemporary sophistication, this masterful modern residence stands elegantly and securely beyond wrought iron automatic gates and off-street parking. Executive family excellence is the focus and an exceptional lifestyle experience is the reward as this magnificent double-storey home with 5 bedrooms including downstairs and upstairs mains is conveniently located near Balwyn East Village shopping, parks and schools. State-of-the-art with meticulous attention to every high-end detail, the spacious interior with its beautiful designer style and 6-star energy rating features alarm system, CCTV, zoned central heating/cooling, ducted vacuum, abundant fitted storage plus remote-control internal double garage. The perfectly curated layout is launched by a grand entrance leading to a library that extends further to a bedroom (WIR and ensuite), powder room and a laundry. At the rear is a stunning indoor-outdoor family domain incorporating living and dining areas, bifold doors revealing a garden-set alfresco terrace, and a breathtaking kitchen boasting Miele ovens, induction cooktop, microwave, coffee machine, dishwasher, integrated fridge/freezer, butler's pantry and a wine fridge. Accommodation is suitably deluxe and designed for the utmost family functionality with 4 upstairs bedrooms (main WIR and ensuite, WIRs/BIR), lounge retreat, study and 3rd bathroom. This stunning residence offers exceptional convenience just minutes to Westfield Doncaster, Box Hill Central, Whitehorse Road trams, Surrey Hills train station, private schools and the freeway.
The size of Balwyn is approximately 4.4 square kilometres. It has 19 parks covering nearly 5.0% of total area. The population of Balwyn in 2016 was 13312 people. By 2021 the population was 13495 showing a population growth of 1.4% in the area during that time. The predominant age group in Balwyn is 10-19 years. Households in Balwyn are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Balwyn work in a professional occupation.In 2021, 69.30% of the homes in Balwyn were owner-occupied compared with 71.20% in 2016.
Balwyn has 7,483 properties. Over the last 5 years, Houses in Balwyn have seen a 19.50% increase in median value, while Units have seen a 6.48% increase. As at 31 December 2025:
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